missed moved- look for breakout of cup and handle next week
BMFBOVESPA:GOLL4 gives a opportunity doing a hammer today far from sma more importants.
Morning Doji Star na casa dos 14,40, sinalizando fundo. Proximo alvo do preço nos 17,67 segundo Fibonacci.
Stock.GOL.Monthly.BB26.StandardDeviation23
PT1: 34.50 PT2: 44.50 PT3: 54.80 In @ 16. Add @ 24.10. Sell Zone: 99.10 Long bias on Brazil.
Short setup Entry 36.68 Stop 40.30 Target 20.65
This airline stock is looking healthy. Adding position tomorrow.
closer up looks like a cup and handle formation.
Stocks that spike, like $GOL here, are always of my interest. This big gainers spikes with almost to no news out. Purely hype. Also, it has been trading under the 50MA since Sept. of 2015. My goal here is to short it at around .57 (resistance), cover half at .42 (daily support), and the whole at .25 (lowest support it has had.) If it decides to break...
$GOL trading off the 50EMA with a bearish pin. Advisable waiting for confirmation before shorting.